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2023
Exports $28.2MWorld Rnk 19 / 169
Flag Rnk 341 / 1214
2023
Destination $1.34M Belgium
2022 - 2023
FASTEST GROWING MARKET $1.34MIsrael
2023
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.13Rnk 600 / 1025
2023
Imports $12.5MWorld Rnk 45 / 220
Flag Rnk 580 / 1211
2023
Origin $974k Netherlands
2022 - 2023
FASTEST GROWING ORIGIN $974kKuwait
2023
ECONOMIC COMPLEXITY of South Africa0.07Rnk 59 / 132

About

Exports In 2023, South Africa exported $28.2M in Organic Composite Solvents, making it the 19th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 341st most exported product in South Africa. The main destination of Organic Composite Solvents exports from South Africa are: Belgium ($4.67M), Zimbabwe ($4.41M), Zambia ($3.32M), Pakistan ($1.9M), and Botswana ($1.61M).

The fastest growing export markets for Organic Composite Solvents of South Africa between 2022 and 2023 were Israel ($1.34M), Malawi ($542k), and Zimbabwe ($349k).

Imports In 2023, South Africa imported $12.5M in Organic Composite Solvents, becoming the 45th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 580th most imported product in South Africa. South Africa imports Organic Composite Solvents primarily from: Netherlands ($3.42M), Germany ($2.9M), Italy ($1.35M), Kuwait ($974k), and Belgium ($962k).

The fastest growing import markets in Organic Composite Solvents for South Africa between 2022 and 2023 were Kuwait ($974k), Italy ($435k), and United Kingdom ($210k).

Latest Trends

December 2024

About

Overview In December 2024 South Africa's Organic Composite Solvents exports accounted up to ZAR50M and imports accounted up to ZAR14.7M, resulting in a positive trade balance of ZAR35.2M. Between December 2023 and December 2024 the exports of South Africa's   Organic Composite Solvents have increased by ZAR5.92M (13.4%) from ZAR44M to ZAR50M, while imports decreased by ZAR-6.07M (-29.2%) from ZAR20.8M to ZAR14.7M.

Destinations In December 2024, Organic Composite Solvents were exported mostly to Belgium (ZAR23.5M), Zimbabwe (ZAR8.14M), Zambia (ZAR3.02M), Botswana (ZAR2.56M), and Namibia (ZAR2.21M), and were imported mostly from Netherlands (ZAR4.86M), Germany (ZAR3.43M), United Kingdom (ZAR2.24M), Japan (ZAR745k), and Italy (ZAR716k).

Growth In December 2024, the increase in Organic Composite Solvents's year-by-year exports was explained primarily by an increase in exports to Zambia (ZAR1.75M or 143%), Mauritius (ZAR624k or 36.1%), and Eswatini (ZAR505k or 128%). In December 2024, the decrease in Organic Composite Solvents's year-by-year imports was explained primarily by a decrease in imports from China (ZAR-813k or -100%), Thailand (ZAR-753k or -59.3%), and Germany (ZAR-252k or -4.57%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)ZAR5.92M(13.4%)
IMPORT GROWTH (December 2023 - December 2024)ZAR-6.07M(-29.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)BelgiumZAR23.5M

This section shows Organic Composite Solvents's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Organic Composite Solvents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$28.2M
IMPORTS (2023)$12.5M
NET TRADE (2023)$15.7M

In 2023, South Africa exported $28.2M in Organic Composite Solvents. The main destinations of South Africa exports on Organic Composite Solvents were Belgium ($4.67M), Zimbabwe ($4.41M), Zambia ($3.32M), Pakistan ($1.9M), and Botswana ($1.61M).

In 2023, South Africa imported $12.5M in Organic Composite Solvents, mainly from Netherlands ($3.42M), Germany ($2.9M), Italy ($1.35M), Kuwait ($974k), and Belgium ($962k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR South Africa WERE (2022 - 2023):
Israel$1.34M (1%)
Malawi$542k (106%)
Zimbabwe$349k (8.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY South Africa WERE (2022 - 2023):
Ghana-$9.03M (-98.5%)
Malaysia-$2.27M (-97.8%)
Zambia-$837k (-20.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, South Africa's main exporting competitors in Organic Composite Solvents were:
Germany $321M
United States $313M
Italy $160M
In 2023, South Africa's main importing competitors in Organic Composite Solvents were:
France $99.9M
China $98.5M
Germany $97M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $578k
TOP IMPORT POTENTIALUnited States+ $480k

Organic Composite Solvents’s highest export potential is Germany. With an export gap of $578k.   Organic Composite Solvents’s highest import potential is United States with an import gap of $480k.

See methodology.

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